Trevor Lawrence

Jaguars signed QB Trevor Lawrence to a five-year, $275 million contract extension.

Lawrence gets $200 million in guaranteed money with this deal, with $142 million guaranteed at signing. His $55 million AAV ties Joe Burrow for the highest of any player in the league. It’s a steep but not surprising price to pay for Lawrence, who was drafted No. 1 overall by the Jaguars in 2021. Lawrence has thrown for 11,770 yards, 58 touchdowns, and 39 interceptions in 50 career games and has led his team to a 17-16 record in two years under current head coach Doug Pederson. Lawrence will play under the terms of his rookie deal in 2024 and under a fifth-year option in 2025, meaning the base salary for his new deal won’t kick in until 2026.